Karachi: The Pakistan Stock Exchange (PSX) experienced a downturn on its main indices, KSE30 and KSE100, with a day-over-day (DoD) decline of 0.41% and 0.25%, respectively. The KSE100 index closed at 167,642.27, witnessing a drop of 419.92 points, while the KSE30 settled at 51,000.17, down by 209.51 points.

Despite the daily decline, the year-to-date (YTD) performance remains strong with the KSE100 index reflecting an impressive 45.62% increase, signaling a robust market performance over the longer term.

In terms of gainers, Bannu Woollen Mills Limited (BNWM) led the rally with a price increase of 9.92%, closing at 67.69. Similarly, Standard Chartered Bank Pakistan Limited (SCBPL) and Bestway Cement Limited (BWCL) showed gains of 5.84% and 5.25%, respectively.

On the contrary, some stocks faced losses, with TRG Pakistan Limited (TRG) dropping by 3.25%, and Pakistan Petroleum Limited (PPL) and Thal Limited (THALL) both witnessing declines of over 2%.

The market capitalization of PSX slightly dipped, currently standing at Rs 19,031.15 billion, a marginal decrease of 0.01% DoD, though it marks a significant increase of 31.29% YTD in CY25.

In terms of trade volume, WorldCall Telecom Limited (WTL) was the most active, trading 169.05 million shares, followed by K-Electric Limited (KEL) and First National Equities Limited (FNEL).

Regional markets showed mixed trends with Korea's KOSPI leading with a 1.9% increase in the current year-to-date, while Malaysia's KLSE saw a slight decrease of 0.7%.

Overall, while the PSX indices witnessed a downward trend on the day, the market's annual performance remains strong, reflecting positive investor sentiment in the longer term.